24,499 Shares in Ames National Co. (NASDAQ:ATLO) Purchased by Ames National Corp

Ames National Corp purchased a new position in shares of Ames National Co. (NASDAQ:ATLO - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 24,499 shares of the financial services provider's stock, valued at approximately $403,000. Ames National Corp owned 0.27% of Ames National as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Barclays PLC boosted its holdings in Ames National by 299.1% in the 3rd quarter. Barclays PLC now owns 11,418 shares of the financial services provider's stock valued at $208,000 after purchasing an additional 8,557 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Ames National by 114.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,327 shares of the financial services provider's stock valued at $261,000 after purchasing an additional 7,650 shares in the last quarter. Wealthfront Advisers LLC acquired a new stake in shares of Ames National during the 4th quarter valued at approximately $1,875,000. Arrowstreet Capital Limited Partnership increased its stake in Ames National by 38.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 66,251 shares of the financial services provider's stock valued at $1,089,000 after purchasing an additional 18,556 shares in the last quarter. Finally, Wells Fargo & Company MN raised its holdings in Ames National by 27.8% during the fourth quarter. Wells Fargo & Company MN now owns 5,161 shares of the financial services provider's stock worth $85,000 after purchasing an additional 1,124 shares during the last quarter. 26.47% of the stock is currently owned by hedge funds and other institutional investors.

Ames National Stock Up 0.1%

Ames National stock opened at $17.86 on Wednesday. The firm's 50-day simple moving average is $17.36 and its 200 day simple moving average is $17.47. Ames National Co. has a 52 week low of $15.69 and a 52 week high of $22.03. The firm has a market capitalization of $159.24 million, a PE ratio of 15.67 and a beta of 0.46.

Ames National (NASDAQ:ATLO - Get Free Report) last released its quarterly earnings results on Thursday, April 17th. The financial services provider reported $0.39 earnings per share for the quarter. The company had revenue of $15.46 million during the quarter. Ames National had a return on equity of 5.94% and a net margin of 11.05%.

Ames National Company Profile

Ames National Corporation operates as a multi-bank holding company that provides banking products and services primarily in Boone, Clarke, Hancock, Marshall, Polk, Story, and Union counties in central, north central, and south-central Iowa. The company accepts various deposit products, including checking and savings accounts; and time deposits, such as money market accounts and certificates of deposit.

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